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Home/interpreting r squared

Tag: interpreting r squared

Econometrics

How to Interpret the Coefficient of Determination (R-squared) in Linear Regression Analysis

By Kanda Data / Date Sep 28.2023

The coefficient of determination (R-squared) is a statistical metric used in linear regression analysis to measure how well independent variables explain the dependent variable. It indicates the quality of the linear regression model created in a research study.

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